---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-005748"
form_type: "8-K"
ticker: "BEEM"
cik: "0001398805"
company_name: "Beam Global"
filed_at: "2023-08-14T23:59:59+00:00"
generated_at: "2026-06-11T10:31:02.174856+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Beam Global Q2 revenue $17.8M (+379% YoY); LOI to acquire Amiga for European expansion

## Summary
- Q2 2023 revenue $17.8M (+379% YoY); record quarterly revenue.
- Q2 gross profit $0.5M (3% margin) vs gross loss of $0.3M (9% of sales) in Q2 2022.
- Net loss $3.5M (20% of revenue) vs $2.8M (75% of revenue) in Q2 2022.
- Cash $23.7M, working capital $37.1M, no debt; $100M credit facility unused.
- Signed binding LOI to acquire Amiga DOO for European market; $25M oversubscribed offering.

## SEC filing metadata
- accession: 0001683168-23-005748
- form_type: 8-K
- ticker: BEEM
- cik: 0001398805
- company_name: Beam Global
- filed_at: 2023-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1398805/000168316823005748/0001683168-23-005748-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1398805/000168316823005748/beam_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-005748
- JSON: https://secwatch.observer/filing/0001683168-23-005748.json
- Plain text: https://secwatch.observer/filing/0001683168-23-005748.txt

## Key facts
- Earnings Releases
  Beam Global reported Q2 2023 results: revenue $17.8 million, net income -$3.5 million.
  - Period: Q2 2023
  - Revenue: $17.8 million
  - Net income: -$3.5 million
  - Result: reported results
  source text: security and outdoor media, today announced operating results for the second quarter ended June 30, 2023. Q2 2023 and Recent Company Highlights · Record quarterly revenue of $17.8 million , a 379% increase over Q2 2022 · Record first half revenue of $30.8 million, a 312% increase over first half 2022 · Record Q2 EV ARCTM system deployments; increased 589% YOY,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1398805/000168316823005748/0001683168-23-005748-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.